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Bulgarian Construction Output YoY (Nov) Y/Y 3.5% vs. Exp. 2.8% (Prev. 3.1% )

Newsquawk Staff ·

Bulgarian Construction Output YoY (Nov) Y/Y 3.5% vs. Exp. 2.8% (Prev. 3.1% )

What it means

The Bulgarian construction output has printed higher than expected, coming in at 3.5% year-over-year versus the forecast of 2.8%. This beat not only continues a positive trend from the previous month but also indicates stronger growth in the sector, which could have implications for overall economic activity in Bulgaria and influence regional confidence in the EU economy.

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